economics curriculum mashup

.Introduction to Economics from Khan Academy: Basic introduction to what microeconomics and macroeconomics study. A bit on Adam Smith

He neither pretends to be promoting the public interest nor knows how much he may be promoting it. By directing that industry in such a way as to produce the greatest value, he intends only his own gain, and he is in this, as in so many other cases, led by an Invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part of it. By pursuing his own interest he frequently Promotes that of society more effectually than when he really intends to promote it.

.As a Scot, I too feel interpretation of Adam Smith's self-interest statementcannot be fully valued without context of theory of moral sentiments. There I believe Adam clarified that in the community-based markets of his time: while atrader might fool some of the people all of the time, he couldn't fool all of the people. Therefore I interpret Adam's view of self-interest as including a deep sense of reputation/goodwill/trust which those who sustain a presence yearin year out in a community market need to lead.................................................................................The quote that I prefer to start introducing economics around comes from the final pages of Keynes General Theory. There he concluded that the greatest risk to future generationscomes from arrogant old economists because some selection of such characters "are increasingly how the world is ruled". IF in 2010s , with such extraordinary technology and potential "abundance" because knowhow can multiply value in use unlike scarcity of things consumed up, YOU feel that the system is spinning wrongly when it is causing lost generations of youth, then you will need to huntout what errors 20th economists designed into the systems that are compounding risks and loss of trust today. My father's Norman Macrae's lifetimes diaries atThe Economist make a terrifyingly long list of such errors. Top-down macroeconomics is by far the more guilty of the two. It is mathematically careless to ignore Einstein's warning: always prepare to map interactions at more micro levels if you want to prevent being trapped in a science whose over-standardised assumptions have more errors than its high priests (let alone politicians!) consciously understand...

Dad (Norman Macrae) created the genre Entrepreneurial Revolution to debate how to make the net generation the most productive and collaborative . We had first participated in computer assisted learning experiments in 1972. Welcome to more than 40 years of linking pro-youth economics networks- debating can the internet be the smartest media our species has ever collaborated around?

1972: Norman Macrae starts up Entrepreneurial Revolution debates in The Economist. Will we the peoples be in time to change 20th C largest system designs and make 2010s worldwide youth's most productive time? or will we go global in a way that ends sustainability of ever more villages/communities? Drayton was inspired by this genre to coin social entrepreneur in 1978 ,,continue the futures debate here